Hero MotoCorp June sales up 4% at 5.34 lakh units

India's largest two-wheeler maker Hero MotoCorp 's total sales in June rose 4.3% year-on-year to 5,34,091 units. However,  on a sequential basis sales at the company, which makes the Splendor motorcycle and Pleasure scooter, were down 4%.

Earlier in the day, Hero's rival and India's second largest two-wheeler maker Bajaj Auto had reported a 6% year-on-year drop in June total sales at 3,45,162 units as demand for motorcycles in India slowed, while disruption in three-wheeler sales to Egypt and Sri Lanka hit exports.

Hero MotoCorp shares ended down 1.6% at Rs 2,114.35 on NSE on Monday. Bajaj Auto closed down about 1% at Rs 1,558.10.

Also Read: Bajaj Auto June sales slip 6% on slower bike sales, exports